Welcome back to The GovCon News Weekly Brief, where we break down the biggest deals, leadership changes, and strategic shifts shaping the government contracting landscape. This week’s headlines? Think billions raised, record revenues, and AI taking the wheel. Let’s dive in. 💰 Arlington Capital Partners Closes $6 Billion Fund VII Private equity just made…
Leidos executed a key strategic move by signing a definitive agreement to divest Varec, its wholly-owned subsidiary specializing in automated fuel management. An undisclosed buyer will acquire Varec for an undisclosed sum, with the transaction expected to finalize during the fourth quarter of 2025, subject to customary closing conditions. This divestiture directly supports Leidos’ ongoing…
American Rheinmetall appointed Mike Milner as Chief Executive Officer of its munitions business and named Chris Haag as Vice President for business development and strategy. The defense firm executed these appointments to strengthen the company’s crucial presence across the North American market. Milner immediately assumes leadership of the munitions division, bringing more than 35 years…
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